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Netflix didnโt just beat Blockbusterโthey exploited its biggest weakness. In 2000, Blockbuster made $800M from late fees. Customers hated them. Netflix saw an opportunity. Instead of charging per rental, they launched a $19.99/month unlimited plan.
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If you are interested in finance or want to learn more about the RBI and how it works you should watch RBI UNLOCKED. It's a documentary available on JioHotstar with new episodes released every saturday. So far two episodes have been released and the
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The Missed Billion-Dollar Mistake No One Talks About ๐ฅ In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room. Fast forward โ Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
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